- In accordance with the Sacramento EIP website, in what year was EIP founded?
- An _________’s job is to review applications for insurance, analyze risks and decide whether the company will offer coverage. __________must approve applications so that the insurance company can collect premiums.
- True/False: Property and casualty insurance is insurance that protects against property losses to your business, home or car and/or against legal liability that may result from injury or damage to the property of others.
- Which of the below is the correct Risk Management Process:
- Step 1: Evaluate or Rank the Risk; Step 2: Analyze the risk; Step 3: Identify the Risk; Step 4: Treat the Risk; Step 5: Monitor and Review the risk.
- Step 1: Identify the Risk; Step 2: Analyze the risk; Step 3: Evaluate or Rank the Risk; Step 4: Treat the Risk; Step 5: Monitor and Review the risk.
- Step 1: Analyze the risk; Step 2: Identify the Risk; Step 3: Monitor and Review the risk; Step 4: Treat the Risk; Step 5: Evaluate or Rank the Risk.
- Step 1: Monitor and Review the risk; Step 2: Identify the Risk; Step 3: Analyze the risk; Step 4: Evaluate or Rank the Risk; Step 5: Treat the Risk.
- None of the above.
- True/False: Risk Financing can be defined as the achievement of the least-cost coverage of an organization's loss exposures, while ensuring post-loss financial resource availability. Risk financing programs can involve insurance rating plans, such as retrospective rating, self-insurance programs, or captive insurers.
BONUS:
- What do you like about Insurance and/or Risk Management?
- On a scale of 1-10, how likely are you to forward the Sacramento EIP group to someone within your network who might be interested in EIP events?
|
|
